IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 29 Jul 2016 | Removal date: 16 Aug 2017
Still in force

Import tariff

On July 29, 2016, the Colombian Ministry of Trade, Industry and Tourism issued Decree 1230 adding 10 tariff lines to the list of raw materials and capital goods not produced locally and thus exempted of import tariffs and published in Decree 1625/2015. The new temporary import duty has been set at 0%. The previous applicable tariff duties were those established on Decree 4927/2011 and ranged between 5% and 10% depending on the item. The new values are valid until August 16, 2017.

 

List of raw materials and capital goods not produced locally exempted of import tariffs

On August 15, 2013, the Colombian Ministry of Trade, Industry and Tourism issued Decree 1755/2013 establishing a list of raw materials and capital goods not produced locally exempted temporarily of import tariffs. The tariff lines included in the list enjoy a 0% import duty for a two-year period starting on August 15, 2013. However, on August 14, 2015, the Colombian Ministry of Trade, Industry and Tourism issued Decree 1625/2015 launching again a similar list with products enjoying a 0% import duty for a two-year period starting on August 16, 2015. The products removed from the list go back to the previous import-duty regime set on Decree 4927/2011.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

355 Man-made fibres
5402 Synthetic filament yarn (other than sewing thread), not put up for retail sale, including synthetic monofilament of less than 67 decitex.
540248 Other, of polypropylene
439 Other general-purpose machinery & parts
8422 Dish washing machines; machinery for cleaning or drying bottles or other containers; machinery for filling, closing, sealing or labelling bottles, cans, boxes, bags or other containers; machinery for capsuling bottles, jars, tubes and similar containers;
842230 Machinery for filling, closing, sealing, or labelling bottles, cans, boxes, bags or other containers; machinery for capsuling bottles, jars, tubes and similar containers; machinery for aerating beverages
842240 Other packing or wrapping machinery (including heatshrink wrapping machinery)

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